Future Society INC

Tax-deductible

Boston, MA501(c)(3)InternationalEIN 81-3568099

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The Future Society (tfs) organizes and hosts panels, talks, workshops and debates, as well as, produces research and publications. Tfs participates in conferences to advance its primary exempt purpose.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$633K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $731K a year · 39% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$633K
to officers and key staff · 33% of spending
Top officer’s pay higher than 64% of similar orgs
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
23 mo
of spending, in cash
Looks good: 22.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $67K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$92K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
+57% vs prior year
Spent
$1.9M
To programs
68%
Net assets
$3.6M
By yearFY2020–FY2024
Revenue
$3.4M
FY2024▲ +57%
Revenue by fiscal year
FY2020$996K
FY2021$755K
FY2022$2.1M
FY2023$2.2M
FY2024$3.4M
Expenses
$1.9M
FY2024▲ +61%
Expenses by fiscal year
FY2020$848K
FY2021$725K
FY2022$1.1M
FY2023$1.2M
FY2024$1.9M
Net assets
$3.6M
FY2024▲ +69%
Net assets by fiscal year
FY2020$126K
FY2021$156K
FY2022$1.2M
FY2023$2.2M
FY2024$3.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $1.3M Management & general 28% · $546K Fundraising 3% · $63K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $633K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$163,600Pt VII · Sec A
Dir. Global Ai Governance
$127,993Pt VII · Sec A
Dir, Global Ai Governance
$109,735Pt VII · Sec A
Operations Director
$107,300Pt VII · Sec A
Dir of Eu Ai Governance
$105,350Pt VII · Sec A
President/ Co-Founder
$19,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Nicolas Moes’s $164K as Executive Director is at the 64th percentile of top reported officer pay among 1168 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Nicolas Moes$163,600$99,407———
Nicolas Miailhe$19,000$150,000$149,600$120,000$116,000
Niki Lliadis$127,993$114,873———
Yolanda Lannquist—$110,604———
Yolanda Lannquist - Thru 1024$109,735————
Bell Arden$107,300————
Emily Gillett$105,350————
Cyrus Hodes————$30,288

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Organizes events and produces research to advance its mission.

Provided by the organization

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3 program services account for $1.2M of program spending, described in the organization's own filed words · FY2024.
01

Total 140 Global Ai Governance

The future society organized the sixth edition of the athens roundtable on ai and the rule of law in paris, co-hosted at the oecd, facilitating a day-long dialogue on ai governance challenges with over 130 attendees including unesco, france's ai action summit, the ai & society institute, the conseil national du numrique, MAKE.ORG, the…

$602Kprogram expense
02

Total 130 European Ai Governance

TFS conducted research and provided input to european policymakers on the implementation of the european ai act, the first comprehensive ai legislation. Through policy research, multi-stakeholder convenings, and meetings with policymakers, TFS made concrete recommendations, including the participation of civil society and non-industry…

$356Kprogram expense
03

Total 110 General Programs

The future society conducted research, organized convenings, and advocated for ai governance mechanisms ranging from laws and agencies to principles and standards. This was done by engaging with government, industry, civil society, and academia.

$279Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Fathom Ai INCFY2024$20K
Total grants receivedfrom 2 funders$67K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.4M
Ln 12
Gifts and grantsLn 1h$3.3M
Investment incomeLn 3$103K
Fees for servicesLn 2g$40K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.3M
Managementcol C$546K
Fundraisingcol D$63K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$3.6M
Total assetsLn 16$3.7M
LiabilitiesLn 26$92K
PeoplePt VI, VII
10
listed · VII A
PaidVII A6
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.3M
Fees for servicesLn 2g$40K
Investment incomeLn 3$103K
Other incomeLn 4–11$159
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
CashLn 1$129K
SavingsLn 2$3.5M
Cash and savings togetherLn 1–2$3.6M
Land, buildings, equipmentLn 10c$7K
Total assetsLn 16$3.7M
LiabilitiesLn 26$92K
Net assetsLn 32$3.6M
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.2M$3.6M
Land, buildings, equipmentLn 10c$9K$7K
Total assetsLn 16$2.3M$3.7M
LiabilitiesLn 26$104K$92K
Net assetsLn 32$2.2M$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$189K$157K$25K$8K
Other salaries and wagesLn 7$234K$194K$30K$10K
Pension plan contributionsLn 8$15K$12K$2K$268
Other employee benefitsLn 9$92K$28K$63K$320
Payroll taxesLn 10$35K$29K$4K$1K
Legal feesLn 11b$16K$16K
Accounting feesLn 11c$59K$59K
Other fees for servicesLn 11g$986K$658K$286K$42K
Advertising and promotionLn 12$6K$1K$4K
Office expensesLn 13$103K$80K$22K
Information technologyLn 14$18K$2K$16K$14
TravelLn 17$164K$156K$6K$1K
Depreciation, depletion and amortizationLn 22$2K$2K
Other expenses (24a–d)Ln 24$9K$366$8K
Total functional expensesLn 25$1.9M$1.3M$546K$63K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.4M$1.9M$1.5M$3.6M 990 PDF
FY2023 $2.2M$1.2M$980K$2.2M 990 PDF
FY2022 $2.1M$1.1M$1.0M$1.2M 990 PDF
FY2021 $755K$725K$30K$156K 990 PDF
FY2020 $996K$848K$149K$126K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $3,406,697 across 6 lines filed
VIII-1f All other contributions, gifts and grants$3,263,719
VIII-1h Total contributions, gifts and grants$3,263,719
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $40,000$40,000
VIII-3 Investment incomeExcluded from tax $102,819$102,819
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $159$159
VIII-12 Total revenueRelated to mission $40,000 · Unrelated business $0 · Excluded from tax $102,978$3,406,697
Part IX · Statement of functional expenses $1,927,009 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $156,902 · Management $24,545 · Fundraising $7,983$189,430
IX-7 Other salaries and wagesPrograms $193,511 · Management $30,272 · Fundraising $9,846$233,629
IX-8 Pension plan contributionsPrograms $12,153 · Management $2,132 · Fundraising $268$14,553
IX-9 Other employee benefitsPrograms $28,356 · Management $63,244 · Fundraising $320$91,920
IX-10 Payroll taxesPrograms $29,096 · Management $4,342 · Fundraising $1,412$34,850
IX-11b Legal feesManagement $15,993$15,993
IX-11c Accounting feesManagement $59,071$59,071
IX-11g Other fees for servicesPrograms $657,863 · Management $286,183 · Fundraising $42,260$986,306
IX-12 Advertising and promotionPrograms $1,175 · Management $4,357$5,532
IX-13 Office expensesPrograms $80,428 · Management $22,353$102,781
IX-14 Information technologyPrograms $2,028 · Management $16,217 · Fundraising $14$18,259
IX-17 TravelPrograms $156,068 · Management $6,465 · Fundraising $1,209$163,742
IX-22 Depreciation, depletion and amortizationManagement $2,272$2,272
IX-24 Other expenses (24a–d)Programs $366 · Management $8,305$8,671
IX-25 Total functional expensesPrograms $1,317,946 · Management $545,751 · Fundraising $63,312$1,927,009
Part X · Balance sheet $3,722,409 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $796,974$128,685
X-2 Savings and temporary cash investmentsStart of year $1,400,771$3,507,490
X-9 Prepaid expenses and deferred chargesStart of year $22,013$79,398
X-10c Land, buildings and equipment, netStart of year $9,108$6,836
X-16 Total assetsStart of year $2,255,683$3,722,409
X-17 Accounts payable and accrued expensesStart of year $103,701$91,902
X-26 Total liabilitiesStart of year $103,701$91,902
X-27 Net assets without donor restrictionsStart of year $2,058,434$3,630,507
X-28 Net assets with donor restrictionsStart of year $93,548$0
X-32 Total net assets or fund balancesStart of year $2,151,982$3,630,507
X-33 Total liabilities and net assetsStart of year $2,255,683$3,722,409
Part XI · Reconciliation of net assets $3,630,507 net assets at year end
XI-1 Total revenue$3,406,697
XI-2 Total expenses$1,927,009
XI-3 Revenue less expenses$1,479,688
XI-4 Net assets at start of year$2,151,982
XI-9 Other changes in net assets−$1,163
XI-10 Net assets at end of year$3,630,507

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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